CFO (Chief Financial Officer)

Job Summary: To take responsibility for the financial and business administrative activities of the legal entities operating in country. Responsible for accuracy and integrity of the financial information and for local statutory and regulatory compliance.  

Key Responsibilities and Deliverables: 

Information Management, financial analysis and reporting

•  Ensure overall accuracy and integrity of the financial results for country
•   Responsible for preparation of financial information to be submitted to regional team
• Ensure all regional and global reporting deadlines are met
• Ensure the balance sheet of the business accurately reflects the financial position of the business
• Manage working capital and debtors collections
•  Support overall country team to ensure that key managers are aware of the financial situation of the business and how their actions either support or undermine the financial position of the business 
•  Provide insight to client executives/clients regarding trends and indicators
•  Analyse headcount, structure and numbers and other key KPI’s in an effort to guide leaders to become more efficient in the use of their resources
•  Assist with updating and perfecting the costing models in use, provide feedback and ensure that good practice is applied 

 Job Summary:

• To take responsibility for the financial and business administrative activities of the legal entities operating in country.
• Responsible for accuracy and integrity of the financial information and for local statutory and regulatory compliance.  

Key Responsibilities and Deliverables: 

Information Management, financial analysis and reporting

•   Ensure overall accuracy and integrity of the financial results for country
• Responsible for preparation of financial information to be submitted to regional team
•  Ensure all regional and global reporting deadlines are met
•  Ensure the balance sheet of the business accurately reflects the financial position of the business
•  Manage working capital and debtors collections
•  Support overall country team to ensure that key managers are aware of the financial situation of the business and how their actions either support or undermine the financial position of the business 
•  Provide insight to client executives/clients regarding trends and indicators
•   Analyse headcount, structure and numbers and other key KPI’s in an effort to guide leaders to become more efficient in the use of their resources
• Assist with updating and perfecting the costing models in use, provide feedback and ensure that good practice is applied 
•  Effective budgets
•  Compile budgets both annual and project based depending on business and client needs.
•   Support the negotiation of  budgets with relevant stakeholders and get approval and sign off
• Implement, monitor and manage budget, providing regular financial reports to relevant stakeholders. 
• Forecasting 
•   Ensure that Forecasting templates used by Country Heads are upo to date and effective for more accurate forecasting
• Support country heads with preparation of forecasts
•  Ensure forecasting is accurate
•  Collate forecasts, analyse variances and submit forecasts and explanations for variances to regional team
•  Track forecasting whilst driving accountability across the business  
• Liaison between finance, regional team and operations 
•   Act as contact between the finance department in country and region and the business, dealing with any issues and queries that may arise. 
• Policies, processes and controls
• Ensure that robust accounting systems are in place, with particular focus on: o liabilities management  o asset management processes and procedures o custody of assets, insurance, control over cash and  FOREX
•  Ensure that financial controls within the country are effective.
•  Optimise financial processes within the country. 
•   Ensure that group accounting, financial and ethical policies and practices are adhered to. 
• Managing Financial Risk 
• Manage the Organisational Risk documentation process
•  Report monthly on Organisational Risks
•  Determine and manage risks in the Financial Department with particular focus on: o financial risk regarding dissolution and notice periods o outstanding debtors for possible bad debts 
• Statutory compliance
•  Plan and manage Annual Audit process ensuring that the audit is completed timeously and that all key issues identified are properly communicated and resolved.
•  Ensure that Annual Financial Statements are prepared and signed off without qualification by the external auditors.
•  Ensure compliance with the local accounting policies regulatory laws and taxes in country.
•  Ensure accurate and timeous preparation and submission of various tax returns.
•   Ensure accurate and compliant statutory records.
• Effective leadership and team management
• Set and ensure goals and objectives are in line with company objectives and that agreed goals, objectives and target dates are achieved.
•   Manage and provide direction on how tasks need to be administered and tracked
•  Through effective inspirational leadership, facilitate the creation of accountable, full service teams who understand and strive to meet the needs of all clients
•  Continually inspire, motivate and develop people to understand what is expected of them (co-create a team / organisational culture of high accountability)